The Macerich Company Declares Its Quarterly Dividend
July 29 2005 - 7:00AM
PR Newswire (US)
The Macerich Company Declares Its Quarterly Dividend SANTA MONICA,
Calif., July 29 /PRNewswire-FirstCall/ -- The Board of Directors of
The Macerich Company (NYSE:MAC) declared a quarterly dividend of
$0.65 per share of common stock to stockholders of record on August
9, 2005. In addition, Macerich declared a dividend of $0.65 per
share on its Series A Cumulative Preferred Stock. The dividends are
payable on September 9, 2005. The Macerich Company is a fully
integrated self-managed and self-administered real estate
investment trust, which focuses on the acquisition, leasing,
management, development and redevelopment of regional malls
throughout the United States. The Company is the sole general
partner and owns an 81% ownership interest in The Macerich
Partnership, L.P. Macerich now owns approximately 76 million square
feet of gross leaseable area consisting primarily of interests in
77 regional malls. Additional information about The Macerich
Company can be obtained from the Company's web site at
http://www.macerich.com/. DATASOURCE: The Macerich Company CONTACT:
Arthur Coppola, President and Chief Executive Officer, or Thomas
O'Hern, Executive Vice President and Chief Financial Officer, both
of The Macerich Company, +1-310-394-6000 Web site:
http://www.macerich.com/
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